St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-03-29
YESTERDAYS MARKET.
On the Chicago Board Of Trade Wheat
Was Quiet, But Firmer and a
Little Higher.
The Stiffness Was Produced Partly by
Speculative Influences and Partly
by Oablegrams.
smauLocal Trading and Not1ceaoie
Dearth of Orders From
Outside.
transactions in the Financial Circles
of Wall straightforward
Quotations.
Snecial to the Gloce.


Ca1cAGo. March 2S.-fhe frigid weather OF
the mast forty-eight hours had the effect Oh
booming wheat, and the day on change was
mite an interesting one on the AFTERNOON
hoard Wheat bulled easily to SIC. IL was
,revented going beyond that figure by SAFES
nv Karsbsw. inst as it had been decided IN
the forenoon by sales by the other wing vi
the clioue-Rosenfeld Co. and Fieio' Ainu
lev & Co. The temper is certainly se.'ius
more bulish on wheat. All the ols'aue op
lions are slowly getting toward Iheir reia't I've
nosit;ons December wheat ut New fork,1or
inStance advanced lc to-day, while May ad-
,snced &c The English country wheal mar
kets advanced Sd. May wheat closed aC oi4
@SI7Ic. May corn at 3sssG3ss4c, May taro az
S7.4754, and May rloS at So 20 March
ike this on the 2Sth day OF Match,
,-ithin four DAYS of April l, and less tnan
tvo weeks away from Easter, is not saluori-
ous for winter wheat, or Tor any other sIo"-
ing plant. 1t was not any "onuet
that the May option opened at 81 PC, "ent al
once To SIC, and was III oen a,sS Tho ,yeather
the choue broker, walked around the Mea.he.
man and looked satisfied. The marker Stoou
0f itseIf 4 little CLIQUE buying would nave
created little bear panic; put tuete -
plainly no desire on the part OF hoioers 10
rush prices up. This was especiaily alscefn-
ibIa +p.doy when the Dit could have been so
aesilv worked I'D into Il bull frenzy AT SIC
brokers sold wheat literally ana gave up tne
names of Field, Lindley Co. ana hosehlelo
g. Co., showing that the sellng was ny
the CLIQUE But it made no difference 10 the
market. 1t is now pretty generally ADMITTED
thot the clone is more anxious to hold prices
steady than to advance them, and to-days
selling might have been for the purpose Oh
easing the price Off a little. AT o CLOCK May
wheat closed where it opened, at el%c. corn
was strong during the day, out OF sympathy
with wheat. The receipts were large enough
q
crease of 100000 bushels IN the visible sup
Div ought naturally to have had that effect.
ROUTINE REPORT.
CHICAGO, March 2S.-Wheat was quiet Dut
fir1ner and a little higher, closing 5000 pct
ter than on Saturday. The stiffness was pro-
duced partly by speculative influence ana
partlv on account of the tone of cabiegrams
being less gpacifio. There was very little dis
position on the part OF local traders to OPP
crate and orders from outside were few and
far between. The visible supply last week
WIS lessened 160,9S0 bushels. AT seven
Western points the receipts were 2UU,UU0
bushels and shipments 25S000 bushels. The
market opened ut SIZE for May, advanced TO
SIC and closed at Sl34c. Corn was quiet and
steadier, prices adva ncing shade, although
the receipts were large. offerings, however,
were small and the strength in wheat and
provisions aided the corn bulls in advancing
prices slightly. Provisions were in moderate
demand and q stronger feeling prevailed, caus-
ing sharp advance in short ribs and lard.
Stocks were well held and parties who had
contracts to fill were forced to bid up to get
the stuff.
THE QUOTATIONS..
The leading futures ranged as follows:
Wbeat-No. 2, March, opened at T6c, closing
at IS slice; May. size, closing at 81 13-16c;
June, S0Tc, closing at Sic; July, 8O1sc,
closing at SO3Sc. Corn-No .. March. 341ac,
closing at May, $3.50, closing at 80 l1-l6c;
June, 1920 closing ut 4Ossc: july. 4l$sc, clos
ing at ii 1850. Oats-No 2, March, 24c,
closing at 24c; May, 29c, closing at 3S15c;
June, 29c, closing at 29c. Mess pork, per bar
rel-March, $50 80, closing at S20.6O; May,
ST., closing at S21; June, S21, closing at
ST.. Lard, per 100 pounds-March, S..3T%,
closing ut $40; May, S1.45, closing at ST.41%;
June. S7.5215, closing at $7.521a. Short ribs
SSO5; May, IS. closing at $S.l7; June $50,
closing at So 22%. Cash quotations were
as follows: Flour steady and un-
changed. Wheat-No. spring. 1910
no 5 spring, age: No. 2 red 79140792sc.
Corn-No. 9, 335E@634c. Oats-No. 2. 24c.
Barley-No. > 5O}%c. Flax seed, No l, S1.0S.
Timothy seed. prime, $l.!6@1.S0. Mess pork.
per Dbl, 20.25020.50. Lard, per 100 lbs, S1.35
@7.4215 Short ribs, loose. SS.071a@S. 10; dry
salt ed, shoulders boxed, S606.25; short clear
sides, boxed, IS. 400S.50. Whisky, per gal, l8.
Receipts-Flour, 5000 bbls; wheat, 10000
bu: corn, 2l0,00c bu: oats, 5000 bu; rye,
5000 bu; barley, $4,000 bu. Shipments
Flour, g., 600 bbls; wheat, $1,000 blu; corn,
III, 600 bu: oats. 10000 bu: rye. 500 bu;
barley, 81 GOO bu. On the produce exchange
to-day the butter market had a better de-
mand; creamery, 2415Gs3Oc per h; dairy. 1711a
@26c. Eggs, 1054@11c per doz.
r. M. NEWPORT & SON,
vestnent Bankers, 152, 1853, l54 Drake Block
Loan Money on Improved Real Estate Security, at